•
The State Economic Enterprises (SEEs)* , and their
o
associated corporations,
o operations,
o operational units,
o assets,
o shares in their participations;
•
Public shares in commercial organizations, which are
50 % or more, and the shares of these organizations
in their participations;
•
Public shares and shares that belong to the Treasury
in participations of the State;
•
Assets and the public shares in the participations,
which are irrelevant to the designated main public
services, belonging to
o
administrations with general and annexed budgets
and their revolving fund subordinates and
o the Public Economic
Organizations;
•
Commercial organizations of the Municipalities and
Provincial Directorates and their shares in the participations;
•
Operation rights on the assets and ‘goods and
services’ production units of the public organizations
with general and annexed budgets and their revolving-fund
subordinates (i.e. operation rights for dams, lagoons,
highways, hospitals, ports and other similar goods
and services production units) (these rights can be
privatised for at most 49 years)
•
Operation rights for ‘goods and services’
production units of the following Public Economic
Organizations (PEO)** , where appropriate,
o
TCDD
(General Directorate of Turkish State Railways)
o DHMI
(General Directorate of State Airports)
o TEKEL
(General Directorate of Tobacco, Tobacco Products,
Salt and Alcohol Factories)
o PTT
(General Directorate of Turkish Postal Services)
o TT
(Turkish Telecommunications Inc.)
PHC is authorised to determine the strategic organizations.
If the State shares in strategic organizations falls
below 50%, for the purposes of preventing monopolization
and of protecting national economic and security interests,
PHC is authorized to
•
determine the number of preference shares granting
special management and approval rights in the management
bodies of the organizations and the rights attached
to those shares which the State shall enjoy;
• change the quantity of these shares and the
rights attached there to; and
• remove such sectors and organizations determined
to be strategic from the scope of this program.
According to the Privatisation Law, if more than 49%
of the capital shares of the organizations listed
below are decided to be privatised, preference shares
must be established in them:
• Turkish Airlines (THY)
• Turkish Ziraat Bank
• Turkish Halk Bank
• TMO (Soil Products Office) Alcoholid Factory
• Turkish Petroleum (TPAO refineries).
In addition, the followings are deemed to be `concession`
and any contracts relating to these activities (concession
contracts) are to be in line with the provisions of
the relevant laws:
•
Monopolistic `goods and services production` activities
of the organizations with general and annexed budgets
and their revolving-fund subordinates,
• `Goods and services production` activities
of the Public Economic Organizations, which are within
the context of the relevant establishment laws.
